Federal Home Loan Bank of Indianapolis (FHLBI) · 1 day ago
MPP Loan Performance Lead
Indianapolis, IN
Full-time
Hybrid
Mid Level
$113K/yr - $133K/yr
3+ years expFederal Home Loan Bank of Indianapolis (FHLBI) is a cooperative focused on providing liquidity to member institutions for housing finance and community development. The MPP Loan Performance Lead oversees loan servicing in the MPP portfolio, manages delinquency and foreclosure processes, and performs data-driven analysis to inform decision-making and improve operational efficiency.
BankingFinancial ServicesInsuranceVenture Capital
Responsibilities
Provide guidance to servicers to ensure they are meeting the Bank’s expectations, including both current and defaulted loans, foreclosure, property preservation and property liquidation actions
Manage loan delinquency process, including review, monitoring and reporting; gather monthly loan status information from servicers for defaulted loans
Lead efforts related to the tracking of foreclosed loans and represent the Bank’s interest through the property marketing process
Perform initial loss mitigation reviews and provide proposed decisions to management for additional review
Review loss claims submitted by the SMI companies and/or the servicers. Gather information to reconcile the claims and provide settlement recommendations to management. Process the approved claims for final resolution while maintaining and tracking the Bank’s exposure list
Work directly with servicers and management for the review and processing of loan and collateral adjustments, including loan modifications, P&I recasts, releases of liability and partial releases of lien
Portfolio segmentation and vintage analysis
Design and maintain segmentation frameworks (e.g., product, credit tier, geography, member institutions, vintage) to analyze risk concentration, credit migration and performance cohorts over time. Recommend actionable strategies for management
Develop, measure and monitor KPIs such as delinquency and cure rates, prepayment speeds, etc
Develop analytics to support appropriate oversight and review of the performance of servicers
Produce variance and driver analyses to explain changes in performance
Compare portfolio metrics and performance to industry benchmarks and internal historical baselines. Provide actionable insights to management based on variance analysis
Clean, transform, and analyze large datasets from sources such as SQL, Oracle, and Dynamics 365
Establish automated data-quality checks to ensure data quality
Design and maintain interactive dashboards that provide drill-downs into portfolio composition, delinquency, prepayment trends, cohort/vintage performance, etc
Translate analytical findings into concise narratives and visuals for management, Bank committees, second and third line review. Deliver periodic portfolio performance to management and Bank committees
Perform data validation and troubleshoot existing reports and processes to improve accuracy, timeliness and usability
Explore and implement machine-learning techniques where appropriate and within the policies and accepted practices of the Bank to enhance data analytics and operational efficiency
Automate recurring analytics and reporting processes (e.g. data refreshes, KPI threshold alerts) to reduce manual effort and operational risk
Collaborate with team members and business units to gather requirements, prioritize analytics use cases and deliver impactful visualizations and models
Document processes, tools, assumptions and controls
Contribute to the establishment and continuous improvement of best practices across functional area
Perform other duties, as assigned
Qualification
Required
Bachelor's degree in Business Administration, Finance, Accounting, Statistics, or other related field
Minimum of three years' experience working in the mortgage or banking industry; preferably in mortgage servicing and/or data analytics
Excellent analytical and communication skills with strict attention to detail. Ability to interact with other Bank personnel, FHLBI members, and counterparty representatives
Knowledge and ability to use computer tools in analysis of financial data. Specifically, knowledge with products such as Word, Excel, Access, Power BI, SQL, Oracle, and Dynamics 365. Ability to learn the in-house Loan Acquisition System and database, LRA Management and other software programs, as necessary
Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security
Ability to work full-time
Ability to uphold and model the Bank's Guiding Principles
Benefits
Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!
Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!
Tuition reimbursement assistance: To help you continue to develop personally and professionally.
Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!
Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!
Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program
“Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.
Company
Federal Home Loan Bank of Indianapolis (FHLBI)
The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is one of 11 independent regional cooperative banks across the U.S.
201-500 employees
H1B Sponsorship
Federal Home Loan Bank of Indianapolis (FHLBI) has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (6)
2023 (9)
2022 (7)
2021 (4)
2020 (5)
Funding
Current Stage
Growth StageLeadership Team
Brendan McGrath
President and CEO
Cindy Konich
EVP - COO - CFO
Recent News
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